Huge Group Balance Sheet Health

Financial Health criteria checks 2/6

Huge Group has a total shareholder equity of ZAR1.7B and total debt of ZAR166.5M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ZAR1.8B and ZAR186.5M respectively.

Key information

10.0%

Debt to equity ratio

R166.49m

Debt

Interest coverage ration/a
CashR1.37m
EquityR1.66b
Total liabilitiesR186.49m
Total assetsR1.84b

Recent financial health updates

Recent updates

Does Huge Group (JSE:HUG) Have A Healthy Balance Sheet?

Jun 05
Does Huge Group (JSE:HUG) Have A Healthy Balance Sheet?

Huge Group's (JSE:HUG) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Jul 22
Huge Group's (JSE:HUG) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Is Huge Group (JSE:HUG) Using Too Much Debt?

Jul 13
Is Huge Group (JSE:HUG) Using Too Much Debt?

If You Had Bought Huge Group (JSE:HUG) Shares Five Years Ago You'd Have Earned 35% Returns

Feb 01
If You Had Bought Huge Group (JSE:HUG) Shares Five Years Ago You'd Have Earned 35% Returns

Do Its Financials Have Any Role To Play In Driving Huge Group Limited's (JSE:HUG) Stock Up Recently?

Jan 05
Do Its Financials Have Any Role To Play In Driving Huge Group Limited's (JSE:HUG) Stock Up Recently?

Huge Group (JSE:HUG) Takes On Some Risk With Its Use Of Debt

Dec 09
Huge Group (JSE:HUG) Takes On Some Risk With Its Use Of Debt

Financial Position Analysis

Short Term Liabilities: HUG's short term assets (ZAR13.5M) do not cover its short term liabilities (ZAR49.1M).

Long Term Liabilities: HUG's short term assets (ZAR13.5M) do not cover its long term liabilities (ZAR137.4M).


Debt to Equity History and Analysis

Debt Level: HUG's net debt to equity ratio (10%) is considered satisfactory.

Reducing Debt: HUG's debt to equity ratio has reduced from 16.6% to 10% over the past 5 years.

Debt Coverage: HUG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if HUG's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.